You are reading the Summer 2024 Update of the Bass, Berry & Sims Enforcement Roundup. After a short hiatus, we are back to reporting on notable enforcement actions and policy changes and providing a bit of our insight.
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Overview
- The Commerce Department’s Bureau of Industry and Security (BIS) uses Information and Communications Technology and Services (ICTS) rules for the first time.
- President Biden issues first Committee on Foreign Investment in the United States (CFIUS) prohibition against cryptocurrency mining company.
- Department of Homeland Security (DHS) issues second annual update to its Uyghur Forced Labor Prevention Act (UFLPA) strategy.
- U.S. announces new tranche of Russia sanctions and export restrictions.
- New Notice of Proposed Rulemaking (NPRM) contemplates outbound investment regime.